Bechtle stock at EUR 34.96, analyst target 14.4 percent higher

Published on 10/09/2026 at 18:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bechtle stock costs EUR 34.96 on October 9, 2026, 22.55 percent below EUR 45.14. Berenberg keeps a EUR 40.00 target, 14.42 percent above price.

Key points in brief

Bechtle stock stood at EUR 34.96 at Lang & Schwarz on October 9, 2026, plus 1.13 percent versus the EUR 34.57 prior close.
The EUR 45.14 52-week high leaves the price 22.55 percent below the yearly peak.
Berenberg kept a Buy rating and a EUR 40.00 target on October 2, 2026, while Deutsche Bank Research raised its target to EUR 49.00 on September 21, 2026.
Bechtle had a market capitalization of EUR 4.4 billion and a P/E ratio of 17.80 as of October 9, 2026.

Isometrische 3D-Darstellung der IT-Wertschöpfungskette von Hardware bis Managed Services — Bechtle AG IT-Wertschöpfungskette als isometrische 3D-Illustration von Hardware über Cloud bis zu Managed Services, DE0005158703, Illustration mit AI erstellt.

Bechtle (ISIN DE0005158703) stood at EUR 34.96 at Lang & Schwarz after-hours on October 9, 2026 at 6:47 p.m. CEST, plus 1.13 percent versus the prior close of EUR 34.57. The price was 22.55 percent below its 52-week high of EUR 45.14, putting the valuation and analyst targets into a more demanding comparison.

The yearly range leaves room

Bechtle's 52-week range ran from EUR 24.56 to EUR 45.14 as of October 9, 2026. At EUR 34.96, the stock stood EUR 10.18 below the high and EUR 10.40 above the low, showing that the current quote sits between both extremes rather than at a range boundary.

The company had a market capitalization of EUR 4.4 billion and a P/E ratio of 17.80 on October 9, 2026. Trading volume was 148,879 shares against an average volume of 204,854 shares, a same-day level of 72.68 percent of the average.

Analyst targets set the frame

According to Finanznachrichten on October 2, 2026, Berenberg kept its Buy rating and EUR 40.00 target for Bechtle. The target lay 14.42 percent above the Lang & Schwarz price, based on the same euro quotation.

Finanznachrichten reported on September 21, 2026 that Deutsche Bank Research raised its target from EUR 45.00 to EUR 49.00 and retained its Buy rating. The two targets frame a spread of EUR 9.00 between the latest Berenberg view and the Deutsche Bank target.

Comparison with peers

Bechtle: plus 1.13 percent, P/E 17.80, market capitalization EUR 4.4 billion

Cancom (Xetra, EUR): plus 0.67 percent, P/E 18.51, market capitalization EUR 643.8 million

SAP (Xetra, EUR): plus 3.70 percent, P/E 28.16, market capitalization EUR 221.0 billion

Bechtle remains a broad IT provider

According to Bechtle, the group operates across IT infrastructure, cloud, security, managed services and business applications. Its investor page lists more than 16,000 employees, over 120 locations and operations in 14 European countries, while also identifying MDAX and TecDAX membership.

After-hours price remains the anchor

For German investors, the Lang & Schwarz quotation was the clearest same-day anchor: EUR 34.96 after-hours on October 9, 2026 at 6:47 p.m. CEST, plus 1.13 percent against EUR 34.57 at the prior close. The 52-week high of EUR 45.14 and the EUR 40.00 Berenberg target provide two separate benchmarks for the quote.

The further course of trading is shown by the continuously updated real-time quote of Bechtle stock.